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Economic Development

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NOTEBOOK – ONE GOOD READ: Iowa may not return to pre-pandemic employment for nearly two more years

Iowa may not return to pre-pandemic employment levels for another 20 months, according to this story from Business Insider. The news organization used the most recent three-month averages of nonfarm payroll employment from the Bureau of …
By MICHAEL CRUMB | Sep 21, 2021
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IEDA announces $29.8M in tax incentives for 49 housing projects

The Iowa Economic Development Authority has awarded nearly $30 million for housing projects statewide. In all, 49 projects received funds from the Workforce Housing Tax Incentive program, which provides incentives to developers to build housing …
By BPC Staff | Sep 21, 2021
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Iowa Leading Indicators Index reports slight rise in July

The Iowa Leading Indicators Index rose 0.2% to 109.1 in July, from 108.9 in June. July marks the 12th month out of the last 13 where the index has increased. The monthly diffusion index remained …
By BUSINESS RECORD STAFF | Sep 21, 2021
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Iowa’s rural economy shows continued growth behind strong farmland price performance

Iowa’s rural economy strengthened this month as farmland prices and hiring performed more strongly than in the prior month, according to a monthly survey of rural bank managers and CEOs.

According to Creighton University’s Rural …
By BUSINESS RECORD STAFF | Sep 20, 2021
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Iowa sheds jobs as unemployment rate stays at 4.1% in August

Des Moines Register: Iowa’s economy slid back in August, shedding jobs despite a strong start to the month after the state cut off unemployment insurance benefits for tens of thousands of workers. Led by job losses …
By BPC Staff | Sep 17, 2021
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IEDA announces award to Williamsburg automotive parts supplier that plans to add more than 500 jobs

Williamsburg Manufacturing was one of three companies to receive financial assistance today from the Iowa Economic Development Authority. Photo submitted by Williamsburg Manufacturing

Iowa Economic Development has awarded more than $800,000 in financial assistance and tax …
By MICHAEL CRUMB | Sep 17, 2021
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Transportation commission approves $1.5 million for six transit projects

The Iowa Transportation Commission has approved $1.5 million to support six public transit projects statewide, from Burlington to Sioux City. The commission approved the funds through the state’s Public Transit Infrastructure Grant Fund during its meeting in …
By BPC Staff | Sep 15, 2021
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Cedar Rapids council advances $71 million entertainment venue

Cedar Rapids Gazette: Cedar Rapids developers behind a $71 million transformation of long-vacant city land Tuesday touted a collaboration with the city that will result in a “destination” venue featuring a Big Grove Brewery, outdoor recreation …
By BPC Staff | Sep 15, 2021
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Iowa Workforce Development schedules employer roundtables to address worker shortages

Iowa Workforce Development announced Tuesday that it will conduct more than 25 workforce roundtables across the state this fall in an effort to partner with businesses to address the state’s workforce shortage. The events are …
By BUSINESS RECORD STAFF | Sep 15, 2021
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Residents asked to support small businesses by taking #DSMlocal challenge

The Greater Des Moines Partnership is encouraging local residents to support local business during National Small Business Week by taking the #DSMlocal Challenge. National Small Business Week is this week and runs through Friday. According to …
By BPC Staff | Sep 14, 2021